Latest Stock Market News

Rajesh Bhatia of ITI MF advocates for including telecom stocks in core portfolios, highlighting tariff increases and growing free cash flow. He also favours digital economy companies like PB Fintech and Zomato, citing their rapid growth and potential profitability. Bhatia expresses less optimism about oil and gas, preferring sectors with predictable growth.

Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn t affect consolidated revenue. A past PAT loss of ₹20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with ₹800 crore cash.

Saurav Ghosh of Jiraaf highlights high-yield corporate bonds as attractive in 2025. Equity market volatility and global trade shifts favor debt. India s strong economy and healthy corporate balance sheets support this. Rate cuts are expected, boosting debt markets. Online bond platforms are gaining traction. High-yield bonds offer stability and predictable returns for investors seeking diversification.

Gold prices on the Comex exchange are projected to climb to USD 3,600 per troy ounce by the end of 2025, according to a report by Ventura. The forecast follows a fresh record high of USD 3,534.10 on August 7, surpassing the earlier peak of USD 3,509.90 in April this year.

Vedanta shares slipped on Wednesday after NCLT deferred its demerger hearing to September 17, following serious objections from the Centre over alleged non-disclosure of key details. Sebi had previously issued a warning, and the Supreme Court rejected the company’s plea on Talwandi Sabo benefits.

China stocks rose to their highest level since 2015 on Wednesday, extending a rally fuelled by a rotation of funds into equities amid easing trade tensions and Beijing s crackdown on excessive competition.

Tac Infosec shares surged following its U.S. subsidiary, CyberScope s, announcement of a planned Nasdaq IPO, a first for an India-listed cybersecurity firm. Veteran investor Vijay Kedia, holding a significant 14.6% stake, has seen his investment appreciate. The stock s performance shows short-term strength but longer-term weakness, with mixed technical indicators.

The National Housing Bank is intensifying its scrutiny of housing finance companies due to breaches in loan-to-value regulations, particularly for high-value home loans exceeding ₹75 lakh. Lenders are found to be disbursing loans up to 90% LTV, violating the stipulated 75% cap.

Housing finance companies face challenges. Public sector banks aggressively price mortgage rates. This squeezes HFC margins. Loan disbursals grow, but AUM doesn t keep pace. Borrowers are shifting loans. Bajaj Housing Finance saw a profit decline. LIC Housing Finance also feels the rate war. Competition is intense, impacting even large players. Margin pressure is expected to continue for a while.

CreditAccess Grameen s stock has surged following the appointment of a new CEO and strategic initiatives. The company is addressing asset quality concerns through accelerated write-offs, expecting normalization by the December quarter. Expansion plans include opening 200 branches, with a focus on retail financing to drive future growth and profitability, anticipating improved credit growth in the fiscal year s second half.